ความเสี่ยงในการแปลง USDC เป็น Fiat สำหรับร้านค้าขนาดเล็ก

That's a great question. For smaller merchants, the volatility risk from conversion is likely less significant than finding reliable, low-fee ramps with sufficient liquidity, especially for larger transaction volumes. Transaction fees and potential delays in settlement seem like more immediate concerns.

For smaller merchants, I'd say the volatility risk during conversion is generally minimal unless they're dealing with very large volumes or extended hold times. The bigger challenge is definitely finding reliable ramps with competitive fees and good liquidity without unexpected holds.

For smaller merchants, I'd say the real risk isn't so much volatility from USDC itself, but more the operational and counterparty risk of the on/off-ramp. Ensuring you have a reliable, compliant partner with reasonable fees is key, as small volume doesn't typically justify complex hedging strategies for stablecoins.